US Quantum Computing Stocks Soar on News of Government Equity Talks

Shares of US quantum computing firms, including D-Wave Systems and Rigetti Computing, surged after reports of the Trump administration seeking equity stakes in exchange for federal funding.

• Following a report by The Wall Street Journal, shares of quantum computing companies IONQ, Rigetti Computing, D-Wave Systems, and Quantum Computing jumped 12% to 14% in premarket trading.
• Discussions indicate the US government, under President Donald Trump, may take equity stakes in these firms, potentially reshaping federal funding dynamics in the quantum computing sector.
• A US Commerce Department official confirmed the ongoing talks about government equity stakes, highlighting the administrations interest in boosting domestic quantum computing capabilities.